Forex Mentors
The best way to learn to trade forex is to find yourself a forex trading mentor. I did this three or four times and I learned so much about trading forex from all of them.
The forex mentors I found were, Trader NM, he wants to remain anonymous, then all the guys in the fx 500 club, Dan Armitage, James Boord, Zak Lloyd, Anders baard Larsen and Hemel pandya. All of those forex mentors taught me everything I needed to become a successful forex trader.
Gold is always on my watch list and all I had to do was wait for a good PASR (price action at support and resistance) to occur. The green SR lines were on my chart just waiting for a decent entry. What a beautiful looking chart. Look at the second image with candles removed and just the line chart and 4 moving averages. I am even considering just trading the line charts with no bars or candles.
line chart below
This mornings cheeky little trade was eur/gbp using the 15 minute chart for the trend entry. A quick 30 pips to first resistance.
The only live trade I am in now is a EUR/CAD long from 1.3780 stoploss 1.3765 target 1.440
The sun is out, dog walkies time.
Click here for a free weeks trial in Anders Larsens live Trading room
I also learned how to trade forex and would wholeheartedly recommend the fantastic team at the www.fx500club.com They have a live forex chat room and share their charts so that you can watch them find potential trades in real time.
They also have a school for learning how to trade longer term charts at www.fxmonkeyschool.com.
The fx500club and fxmonkeyschool, forex trading school don’t just trade charts and indicators alone, they teach us to use correlation of the whole market before entering a trade. It truly is the best place to learn how to trade forex properly, safely and profitably. It’s all about the pips and about protecting your capital.
Click Here to get a FREE days entry into the fx500 club live trading room
Always Remember.
Keep your risk as a percentage of your capital low (1%), equals stress free trading.
Always work out potential losses before potential profits.
We are paid to take risks, if you aren’t in a trade you cannot win a trade!!
Buy off support and sell off resistance.
Bank partial profits early and move your stop loss to break even as soon as you can.
Click Here to get a FREE days entry into the fx500 club live trading room
2b reversal and 123 reversal trading instructions
Managed forex accounts with no fees Zulutrade
I have now managed to find a few Zulutrader signal providers that are trading for me profitably, sign up for a demo account using my link above then contact me at info @ forex-experts.co.uk so that I can verify your email, I will then contact you with the traders details.
Strats free guide to Stress Free Trading the very best free place to learn to trade forex
Strat will teach you how to trade candlestick patterns at support and resistance, STEVE NISON also has some brilliant products that will help you become a protitable home day trader.
Click here to vist Steve Nisons website or
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